* Use emails to document the reasons/mistakes for the lower-end supplier under priced the quote and high-end supplier over priced the quote
* Helping the suppliers (high-end and also the lower-end) to provide more accurate quote
* Visiting the high-end supplier's factory and providing technical assistance to help reduce yield lost thus provide better quote
* Working with the high-end supplier to create a handbook to help reduce yield lost
* Passing on lessons learned to the lower-end supplier
* Updating US headquarter of the new cost & rationale, plus provide engineering samples
* An important lesson of do not simply pass along quotes from suppliers without some investigations
* Work together with the vendor
* How will Simon handle the "mis-priced" quotes if they are much closer in prices?
* Please send us your feedback, questions and cases
My friend Simon has worked as a Hong Kong-based purchaser for over 30 years before his retirement. Simon has agreed to record a series of Chinese audio shows/podcasts title ** Tales of a Chinese Purchaser ** to share his years of experiences and insights in purchasing and working with Chinese factories.
(Note: This program has been recorded in the Cantonese dialect.)